Millionaire Trader Vince Stanzione says that you should never get married to your position if you want to be a successful trader. A good trader should be happy to go long or short the same market or stock. Also sticking to the same share or market just because it’s been good to you in the past is not the way to profit. Many get stuck in to a losing trade “hoping” it will get better when the best option is cut and start again.
Also whilst just staying with one or two markets may sound good practice I have found it’s better to play the field and have plenty of options open to you. If you decide to trade just the Euro/$ or just the S&P500 there will be times when those markets are just not offering great trading opportunities but you can bet that other markets will be offering better risk/reward trades. My system teaches how to trade Currencies, commodities, world-wide stocks, Indices and Bonds giving you the most ways to profit.
to find out more go to www.winonmarkets.net